Ford to Spend $850 Million to Overhaul Michigan Plants

Ford Motor (F) plans to spend $850 million during the next three years to improve and expand plants in Michigan that will result in in 1,200 new full-time jobs, the automaker said Monday.

The capital improvements are part of the company’s plan to upgr…

GM Pins Big Hopes on New Chevy Cruze

The thrifty new small car replaces the underwhelming Chevy Cobalt, a model that had a hard time competing with the likes of Toyota’s Corolla and Ford’s Focus, new versions of which are due in coming months. A manual transmissi…